Z

Updated: Mar 12, 2026 11:30 AM

Zillow Group Inc Class C

Market Cap: $11.00B P/S: 17x Ownership — Insider: 6.9% | Institutional: 97.4% | Retail: -4.3% COMMUNICATION SERVICES INTERNET CONTENT & INFORMATION

Zillow Group, Inc., a digital real estate company, operates real estate brands on mobile apps and websites in the United States. The company is headquartered in Seattle, Washington.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        17/17 dates (100%)
  ✅ grossProfit                         17/17 dates (100%)
  ✅ netIncome                           17/17 dates (100%)

Plot for Z (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -2.74B                    -1.37B                     0.00B                     1.37B                     2.74B
               |                         |                         |                         |                         |

  2009-12-31 |                                                    |  0.02B
  2010-12-31 |                                                    |  0.03B
  2011-12-31 |                                                     |  0.07B
  2012-12-31 |                                                     |  0.12B
  2013-12-31 |                                                    |  0.20B
  2014-12-31 |                                                    |  0.33B
  2015-12-31 |                                                  |  0.64B
  2016-12-31 |                                                 |  0.85B
  2017-12-31 |                                                   |  1.08B
  2018-12-31 |                                                   |  1.33B
  2019-12-31 |                                               | 2.74B
  2020-12-31 |                                                  |  1.62B
  2021-12-31 |                                           |  2.13B
  2022-12-31 |                                                   |  1.96B
  2023-12-31 |                                                  |  1.95B
  2024-12-31 |                                                   |  2.24B
  2025-12-31 |                                                     |  2.58B

               |                         |                         |                         |                         |
               -2.74B                    -1.37B                     0.00B                     1.37B                     2.74B

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              17/17 dates (100%)
  ✅ sellingGeneralAndAdministrative     17/17 dates (100%)
  ✅ costofGoodsAndServicesSold          17/17 dates (100%)

Plot for Z (in B)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     0.36B                     0.72B                     1.07B                     1.43B
               |                         |                         |                         |                         |

  2009-12-31 |  0.01B
  2010-12-31 |  0.01B
  2011-12-31 |  0.01B
  2012-12-31 |  0.03B
  2013-12-31 |  0.05B
  2014-12-31 |  0.09B
  2015-12-31 |  0.20B
  2016-12-31 |  0.31B
  2017-12-31 |  0.32B
  2018-12-31 |  0.41B
  2019-12-31 |  1.43B
  2020-12-31 |  0.35B
  2021-12-31 |  0.42B
  2022-12-31 |  0.50B
  2023-12-31 |  0.56B
  2024-12-31 |  0.58B
  2025-12-31 |  0.67B

               |                         |                         |                         |                         |
               0.00B                     0.36B                     0.72B                     1.07B                     1.43B

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ⚠️  cashAndShortTermInvestments         17/18 dates (94%)
  ⚠️  shortLongTermDebtTotal              11/18 dates (61%)
  ✅ operatingCashflow                   17/17 dates (100%)

Plot for Z (in B)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -4.50B                    -2.25B                     0.00B                     2.25B                     4.50B
               |                         |                         |                         |                         |

  2009-12-31 |                                                    |  0.00B ⊗
  2010-12-31 |                                                     |  0.01B ⊗
  2011-12-31 |                                                     |  0.05B ⊗
  2012-12-31 |                                                     |  0.15B ⊗
  2013-12-31 |                                                     |  0.20B ⊗
  2014-12-31 |                                                     |  0.13B ⊗
  2015-12-31 |                                                     |  0.23B
  2016-12-31 |                                                     |  0.37B
  2017-12-31 |                                                     |  0.39B
  2018-12-31 |                                                     |  0.85B
  2019-12-31 |                                              |  2.51B
  2020-12-31 |                                                     |  2.52B
  2021-12-31 |                |  -3.18B
  2022-12-31 |                                                     | 4.50B
  2023-12-31 |                                                     |  1.83B
  2024-12-31 |                                                     |  1.08B
  2025-12-31 |                                                     |  0.77B

               |                         |                         |                         |                         |
               -4.50B                    -2.25B                     0.00B                     2.25B                     4.50B

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   17/17 dates (100%)
  ✅ capitalExpenditures                 17/17 dates (100%)

Plot for Z (in B)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -4.50B                    -2.25B                     0.00B                     2.25B                     4.50B
               |                         |                         |                         |                         |

  2009-12-31 |                                                    |  -0.00B
  2010-12-31 |                                                     |  0.01B
  2011-12-31 |                                                     |  0.01B
  2012-12-31 |                                                     |  0.03B
  2013-12-31 |                                                     |  0.03B
  2014-12-31 |                                                     |  0.05B
  2015-12-31 |                                                     |  0.07B
  2016-12-31 |                                                     |  0.07B
  2017-12-31 |                                                     |  0.26B
  2018-12-31 |                                                     |  0.08B
  2019-12-31 |                                              |  -0.61B
  2020-12-31 |                                                     |  0.42B
  2021-12-31 |                |  -3.18B
  2022-12-31 |                                                     | 4.50B
  2023-12-31 |                                                     |  0.35B
  2024-12-31 |                                                     |  0.43B
  2025-12-31 |                                                     |  0.37B

               |                         |                         |                         |                         |
               -4.50B                    -2.25B                     0.00B                     2.25B                     4.50B

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ⚠️  totalAssets                         17/18 dates (94%)
  ⚠️  totalLiabilities                    17/18 dates (94%)
  ⚠️  totalShareholderEquity              17/18 dates (94%)

Plot for Z (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                     2.67B                     5.35B                     8.02B                    10.70B
               |                         |                         |                         |                         |

  2009-12-31 |  0.02B
  2010-12-31 |  0.02B
  2011-12-31 |  0.12B
  2012-12-31 |  0.30B
  2013-12-31 |  0.61B
  2014-12-31 |  0.65B
  2015-12-31 |  3.14B
  2016-12-31 |  3.15B
  2017-12-31 |  3.23B
  2018-12-31 |  4.29B
  2019-12-31 |  6.13B
  2020-12-31 |  7.49B
  2021-12-31 |  10.70B
  2022-12-31 |  6.56B
  2023-12-31 |  6.65B
  2024-12-31 |  5.83B
  2025-12-31 |  5.68B

               |                         |                         |                         |                         |
               0.00B                     2.67B                     5.35B                     8.02B                    10.70B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           17/17 dates (100%)
  ⚠️  shortLongTermDebtTotal              11/18 dates (61%)
  ⚠️  totalShareholderEquity              17/18 dates (94%)

Plot for Z (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -5.34B                    -2.67B                     0.00B                     2.67B                     5.34B
               |                         |                         |                         |                         |

  2009-12-31 |                                                    |  0.02B ⊗
  2010-12-31 |                                                    |  0.02B ⊗
  2011-12-31 |                                                     |  0.10B ⊗
  2012-12-31 |                                                     |  0.28B ⊗
  2013-12-31 |                                                    |  0.57B ⊗
  2014-12-31 |                                                    |  0.59B ⊗
  2015-12-31 |                                                    |  2.68B
  2016-12-31 |                                                   |  2.53B
  2017-12-31 |                                                    |  2.66B
  2018-12-31 |                                                    |  3.27B
  2019-12-31 |                                                  |  3.44B
  2020-12-31 |                                                   |  4.74B
  2021-12-31 |                                                | 5.34B
  2022-12-31 |                                                    |  4.48B
  2023-12-31 |                                                   |  4.53B
  2024-12-31 |                                                    |  4.85B
  2025-12-31 |                                                     |  4.88B

               |                         |                         |                         |                         |
               -5.34B                    -2.67B                     0.00B                     2.67B                     5.34B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for Z (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -4.26B                    -2.13B                     0.00B                     2.13B                     4.26B
               |                         |                         |                         |                         |

  2019-12-31 |                                                    |  0.94B
  2020-03-31 |                                                   |  1.13B
  2020-06-30 |                                                    |  0.77B
  2020-09-30 |                                                     |  0.66B
  2020-12-31 |                                                     |  0.79B
  2021-03-31 |                                                     |  1.22B
  2021-06-30 |                                                     |  1.31B
  2021-09-30 |                                                 |  0.55B
  2021-12-31 |                                                  |  3.88B
  2022-03-31 |                                                     | 4.26B
  2022-06-30 |                                                     |  1.01B
  2022-09-30 |                                                    |  0.48B
  2022-12-31 |                                                    |  0.43B
  2023-03-31 |                                                    |  0.47B
  2023-06-30 |                                                    |  0.51B
  2023-09-30 |                                                    |  0.50B
  2023-12-31 |                                                    |  0.47B
  2024-03-31 |                                                    |  0.53B
  2024-06-30 |                                                    |  0.57B
  2024-09-30 |                                                    |  0.58B
  2024-12-31 |                                                    |  0.55B
  2025-03-31 |                                                     |  0.60B
  2025-06-30 |                                                     |  0.66B
  2025-09-30 |                                                     |  0.68B
  2025-12-31 |                                                     |  0.65B

               |                         |                         |                         |                         |
               -4.26B                    -2.13B                     0.00B                     2.13B                     4.26B

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              25/25 dates (100%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for Z (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     0.91B                     1.81B                     2.72B                     3.62B
               |                         |                         |                         |                         |

  2019-12-31 |  0.61B
  2020-03-31 |  0.76B
  2020-06-30 |  0.46B
  2020-09-30 |  0.24B
  2020-12-31 |  0.32B
  2021-03-31 |  0.71B
  2021-06-30 |  0.77B
  2021-09-30 |  0.10B
  2021-12-31 |  3.42B
  2022-03-31 |  3.62B
  2022-06-30 |  0.57B
  2022-09-30 |  0.14B
  2022-12-31 |  0.13B
  2023-03-31 |  0.14B
  2023-06-30 |  0.15B
  2023-09-30 |  0.14B
  2023-12-31 |  0.15B
  2024-03-31 |  0.15B
  2024-06-30 |  0.14B
  2024-09-30 |  0.14B
  2024-12-31 |  0.15B
  2025-03-31 |  0.15B
  2025-06-30 |  0.17B
  2025-09-30 |  0.18B
  2025-12-31 |  0.18B

               |                         |                         |                         |                         |
               0.00B                     0.91B                     1.81B                     2.72B                     3.62B

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for Z (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -4.64B                    -2.32B                     0.00B                     2.32B                     4.64B
               |                         |                         |                         |                         |

  2019-12-31 |                                                     |  2.51B
  2020-03-31 |                                                     |  2.28B
  2020-06-30 |                                                     |  2.24B
  2020-09-30 |                                                     |  2.32B
  2020-12-31 |                                                 |  2.52B
  2021-03-31 |                                                     |  3.40B
  2021-06-30 |                                                 |  3.71B
  2021-09-30 |                      | 4.64B
  2021-12-31 |                                                   |  2.31B
  2022-03-31 |                                                     |  3.39B
  2022-06-30 |                                                     |  2.18B
  2022-09-30 |                                                     |  1.97B
  2022-12-31 |                                                     |  1.87B
  2023-03-31 |                                                     |  1.86B
  2023-06-30 |                                                     |  1.88B
  2023-09-30 |                                                     |  1.90B
  2023-12-31 |                                                     |  1.83B
  2024-03-31 |                                                     |  1.85B
  2024-06-30 |                                                     |  1.81B
  2024-09-30 |                                                     |  1.16B
  2024-12-31 |                                                     |  1.08B
  2025-03-31 |                                                     |  0.91B
  2025-06-30 |                                                     |  0.59B
  2025-09-30 |                                                     |  0.87B
  2025-12-31 |                                                     |  0.77B

               |                         |                         |                         |                         |
               -4.64B                    -2.32B                     0.00B                     2.32B                     4.64B

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for Z (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -3.39B                    -1.70B                     0.00B                     1.70B                     3.39B
               |                         |                         |                         |                         |

  2019-12-31 |                                                     |  0.06B
  2020-03-31 |                                                     |  0.30B
  2020-06-30 |                                                     |  0.39B
  2020-09-30 |                                                     |  0.06B
  2020-12-31 |                                                |  -0.33B
  2021-03-31 |                                                     |  0.24B
  2021-06-30 |                                               |  -0.40B
  2021-09-30 |          |  -2.80B
  2021-12-31 |                                                  |  -0.22B
  2022-03-31 |                                                     | 3.39B
  2022-06-30 |                                                     |  0.86B
  2022-09-30 |                                                     |  0.17B
  2022-12-31 |                                                     |  0.08B
  2023-03-31 |                                                     |  0.09B
  2023-06-30 |                                                     |  0.10B
  2023-09-30 |                                                     |  0.07B
  2023-12-31 |                                                     |  0.09B
  2024-03-31 |                                                     |  0.08B
  2024-06-30 |                                                     |  0.06B
  2024-09-30 |                                                     |  0.17B
  2024-12-31 |                                                     |  0.12B
  2025-03-31 |                                                     |  0.14B
  2025-06-30 |                                                     |  0.09B
  2025-09-30 |                                                     |  0.10B
  2025-12-31 |                                                     |  0.07B

               |                         |                         |                         |                         |
               -3.39B                    -1.70B                     0.00B                     1.70B                     3.39B

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         25/25 dates (100%)
  ✅ totalLiabilities                    25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for Z (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                     2.71B                     5.42B                     8.13B                    10.84B
               |                         |                         |                         |                         |

  2019-12-31 |  6.13B
  2020-03-31 |  5.87B
  2020-06-30 |  6.45B
  2020-09-30 |  6.84B
  2020-12-31 |  7.49B
  2021-03-31 |  8.26B
  2021-06-30 |  8.78B
  2021-09-30 |  10.84B
  2021-12-31 |  10.70B
  2022-03-31 |  7.82B
  2022-06-30 |  6.78B
  2022-09-30 |  6.72B
  2022-12-31 |  6.56B
  2023-03-31 |  6.61B
  2023-06-30 |  6.62B
  2023-09-30 |  6.66B
  2023-12-31 |  6.65B
  2024-03-31 |  6.82B
  2024-06-30 |  6.63B
  2024-09-30 |  6.16B
  2024-12-31 |  5.83B
  2025-03-31 |  5.75B
  2025-06-30 |  5.42B
  2025-09-30 |  5.70B
  2025-12-31 |  5.68B

               |                         |                         |                         |                         |
               0.00B                     2.71B                     5.42B                     8.13B                    10.84B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for Z (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -5.77B                    -2.89B                     0.00B                     2.89B                     5.77B
               |                         |                         |                         |                         |

  2019-12-31 |                                                    |  3.44B
  2020-03-31 |                                                    |  3.42B
  2020-06-30 |                                                    |  4.02B
  2020-09-30 |                                                     |  4.30B
  2020-12-31 |                                                     |  4.74B
  2021-03-31 |                                                     |  5.51B
  2021-06-30 |                                                     |  5.64B
  2021-09-30 |                                                  | 5.77B
  2021-12-31 |                                                   |  5.34B
  2022-03-31 |                                                     |  4.80B
  2022-06-30 |                                                     |  4.67B
  2022-09-30 |                                                    |  4.59B
  2022-12-31 |                                                    |  4.48B
  2023-03-31 |                                                    |  4.52B
  2023-06-30 |                                                    |  4.49B
  2023-09-30 |                                                    |  4.53B
  2023-12-31 |                                                    |  4.53B
  2024-03-31 |                                                    |  4.67B
  2024-06-30 |                                                    |  4.50B
  2024-09-30 |                                                    |  4.66B
  2024-12-31 |                                                    |  4.85B
  2025-03-31 |                                                     |  4.75B
  2025-06-30 |                                                     |  4.75B
  2025-09-30 |                                                     |  4.99B
  2025-12-31 |                                                     |  4.88B

               |                         |                         |                         |                         |
               -5.77B                    -2.89B                     0.00B                     2.89B                     5.77B

Price History

Volume

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